In This Article:
Tyler Technologies (NYSE:TYL) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.14b (up 9.5% from FY 2023).
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Net income: US$263.0m (up 59% from FY 2023).
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Profit margin: 12% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.
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EPS: US$6.17 (up from US$3.95 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tyler Technologies EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%.
Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 5.0% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Tyler Technologies' balance sheet and an in-depth analysis of the company's financial position.
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